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Economy => Trading Discussion => Topic started by: winrate.io on December 15, 2020, 09:58:30 PM



Title: What I think every trader should do to stay in the green
Post by: winrate.io on December 15, 2020, 09:58:30 PM
The problem with trading
When I started day trading crypto 3 years ago, I didn't have a plan with my trading. I just thought "if my win rate is high, I will make money gogogo".
I think everyone is missing a very important step if you just do some TA and start trading.

"You need a strategy"
Everyone told me from day 1 "You need a strategy" - but I simply didn't know how to make one. After losing 90% of my account balance, I took a break from trading for 6 months. Then I came back with a new mindset and reviewed some of my past trades.

I had no plan
When I look back at it, it was actually crazy how much I cowboyed my trading. Sometimes, I made +1%, sometimes -3%, sometimes +5%, sometimes +10%, sometimes -7%. There was no structure and I had no idea what results I could expect.

Since I had no forecast of my results, it was difficult to follow my rules. I simply lacked motivation to follow my rules. I think this is very common.

What worked for me
What made me go from a bad trader to a consistent profitable trader, was ACTUALLY using a strategy. Not only trading based on a vague strategy.

NOW - How the heck should I form a reliable strategy that works?
I opened up a Google Sheet and started writing formulas to estimate my earnings and losses from trading, based on different win rate, starting balance, leverage etc. It helped me a lot but it was so tedious to change the strategy in Google Sheets

I had enough. So I started to Google if there was a better way to do this. I found nothing. The only thing I found was a Forex Profit Calculator, but I wanted one for crypto.

Winrate.io was my game changer
So I made my own one. I created a website called winrate.io (http://winrate.io) where you can test your current strategy or create a new strategy if your current one doesn't work.

This was a game changer for my own trading - Since I realized that my current strategy was not efficient at all and I was trading on an exchange with crazy fees. I sat down for 1-2 hours and tried different setups, and found out that I just had to make a few tweaks to make my current strategy work a lot better.

This is free and it will not ask for anything from you - not even your email. This is simply my Google Sheet in a more user friendly version that I personally use to improve my trading. My friends also use it regularly. So I wanted to share it with you as well. Hope thats OK!

https://i.imgur.com/x9uiVMi.png

I really think this step is very important but something that a lot of traders does not do - because it is difficult to do in Google Sheets or Excel.

Please let me know if you think this is helpful and if you have any questions.

All the best,
Joel


Title: Re: What I think every trader should do to stay in the green
Post by: djgtr on December 15, 2020, 10:55:36 PM
Traders should stay focused on their asset by monitoring the fluctuations, because this helps them become updated with every changes. Having gains to stay in green signals is very difficult to maintain while market sometimes saturate due to resistance. Long term holds will be effective for a meanwhile so trying this as an alternative strategy might be efficient as well.


Title: Re: What I think every trader should do to stay in the green
Post by: bandungan on December 16, 2020, 03:37:27 AM
To keep the market green I think it is difficult because the market will move every second, minute, hour and day. you can only set your strategy. leave the red market as long as you can get a small profit it doesn't matter the most important thing is consistent to run and set a time pattern when to monitor market movements so you don't miss it when the green market


Title: Re: What I think every trader should do to stay in the green
Post by: jossiel on December 16, 2020, 06:01:15 AM
"You need a strategy"
Everyone told me from day 1 "You need a strategy" - but I simply didn't know how to make one. After losing 90% of my account balance, I took a break from trading for 6 months. Then I came back with a new mindset and reviewed some of my past trades.
Just as  I think before but you know what, most traders are dealing with hardship in making their trades profitable. In the real situation, traders get a lot of failures before getting the right mixture of strategy in order for them to attain profitability.

I'm done with trading and it's not that profitable to me, well at least its the day trading that I'm mentioning. And the strategy that I've learned from the others is no other than holding. Accumulating and holding works great for me and I don't want to get rekt again by doing day trading.


Title: Re: What I think every trader should do to stay in the green
Post by: adzino on December 16, 2020, 06:45:35 AM
So this is just a click bait title to advertise your site? I mean, if you would like to advertise your site, how about making a proper announcement thread? This will allow you users to create proper discussion with you. And aren't their already a lot of trade simulators out there? Is there something unique you are providing? Nonetheless, your simulation interface looks clean and easy to use. By the way, how do I set the win-rate? Just a guess or make some few trades before and based on that I place the value?


Title: Re: What I think every trader should do to stay in the green
Post by: winrate.io on December 16, 2020, 09:15:45 AM
Traders should stay focused on their asset by monitoring the fluctuations, because this helps them become updated with every changes. Having gains to stay in green signals is very difficult to maintain while market sometimes saturate due to resistance. Long term holds will be effective for a meanwhile so trying this as an alternative strategy might be efficient as well.

Yes, I agree with you. This is primarily for Day Traders and Swing Traders. But I think no matter what trading style you have, it's important to calculate and estimate your profits, so that you can know what to expect as a result.

To keep the market green I think it is difficult because the market will move every second, minute, hour and day. you can only set your strategy. leave the red market as long as you can get a small profit it doesn't matter the most important thing is consistent to run and set a time pattern when to monitor market movements so you don't miss it when the green market

Well, it depends on what kind of trader you are. I personally like it the more the price moves, and I make money in red markets as well, either from shorting or from buying in the dips. However, I never take more than 2% profit and I never lose more than 2%.

"You need a strategy"
Everyone told me from day 1 "You need a strategy" - but I simply didn't know how to make one. After losing 90% of my account balance, I took a break from trading for 6 months. Then I came back with a new mindset and reviewed some of my past trades.
Just as  I think before but you know what, most traders are dealing with hardship in making their trades profitable. In the real situation, traders get a lot of failures before getting the right mixture of strategy in order for them to attain profitability.

I'm done with trading and it's not that profitable to me, well at least its the day trading that I'm mentioning. And the strategy that I've learned from the others is no other than holding. Accumulating and holding works great for me and I don't want to get rekt again by doing day trading.

Yeah, trading is difficult and it hurts me to see how many people are losing lots of money. Thats why I think everyone needs a strategy - to know what is the worst case scenario and what is the best case scenario.

For me this was a game-changer. Because I realized that, with the right strategy, I didn't even have to risk that much money but still have the same potential.

One of my most important rules that I use to stay in the green is to NEVER lose more than 2% on a trade, never never never. I always set the stop loss at 1-2%. In that way, I will never panic and if I realize that I have too many losses in a row, I pause my trading and evaluate why I keep losing.

So this is just a click bait title to advertise your site? I mean, if you would like to advertise your site, how about making a proper announcement thread? This will allow you users to create proper discussion with you. And aren't their already a lot of trade simulators out there? Is there something unique you are providing? Nonetheless, your simulation interface looks clean and easy to use. By the way, how do I set the win-rate? Just a guess or make some few trades before and based on that I place the value?

Well, no. I do not make any money on this website, so I wouldn't call it advertising. I genuinely think this is a helpful tool for all traders. I built it for my own use and now it's publicly open to anyone to use as well.

If you have seen a tool like this, please let me know, because I haven't found anything like this at all. Only for the forex market.

Thanks for the feedback, I appreciate it!

You can change the win rate by changing the win rate in the input field.


Title: Re: What I think every trader should do to stay in the green
Post by: cryptoaddictchie on December 16, 2020, 11:55:33 AM
That can be possible but of course even with strategy we should not expect a green portfolio always. We all knew how volatile the market is a trader whom is proficient still have some red stats on their asset. Me myself can't consistently stay green cause I have a long time tokens that have some different performance daily. But for some reason some traders always make sure that they stay in tether at the end of their trades to avoid such loss streak that couldnt be seen on their active time.


Title: Re: What I think every trader should do to stay in the green
Post by: davis196 on December 16, 2020, 11:57:56 AM
This forum thread is basically an infomercial promoting the website winrate.io.
I didn't get any value from reading this.You say that you needed a strategy,but you don't explain your strategy in detail.Do you mean that your strategy is just to create a Google sheet about all your trades and aim for consistent profitable trades?This doesn't seem like a strategy to me.
Even the greatest traders can't stay in the green all the time.
A FOREX or crypto "profit calculator" isn't the most important tool for creating a trading strategy.You need to learn technical and fundamental analysis and you have to pick the best trading signals.


Title: Re: What I think every trader should do to stay in the green
Post by: winrate.io on December 16, 2020, 12:12:48 PM
This forum thread is basically an infomercial promoting the website winrate.io.
I didn't get any value from reading this.You say that you needed a strategy,but you don't explain your strategy in detail.Do you mean that your strategy is just to create a Google sheet about all your trades and aim for consistent profitable trades?This doesn't seem like a strategy to me.
Even the greatest traders can't stay in the green all the time.
A FOREX or crypto "profit calculator" isn't the most important tool for creating a trading strategy.You need to learn technical and fundamental analysis and you have to pick the best trading signals.


Let me ask you, are you a Day Trader or Swing Trader? Because I don't agree with you completely here.

What was the game changer for me and what helped me go from red to green was estimating what my strategy would yield. The first go, I realized that I didn't have a good strategy. The next go, I realized that my strategy was not efficient. So I used my sheet (nowadays my website) to refine the strategy until it was efficient.

When I finally had a strategy that I truly believed in, I was finally able to follow the strategy without breaking it. And that might sound simple, but it's not. When you're trading heavily, there is a lot of emotions and you easily break your rules and strategy. This helped me stick to the plan, and the plan was profitable.

My strategy (as I mentioned above) is:

- Always use a 1-2% stop loss
- Always take profit at 2%
- Use an exchange with good fees
- Trade with a low amount to remove emotions (use leverage instead)
- Use 15x leverage

Now when I never break these foundations of the strategy, there is only one more parameter that will affect my result: The Win Rate

And now I also know the lowest win rate I can have in order to not lose money and I can also see the potential if I keep my Win Rate up at a certain level.

Then I trade on my regular TA (RSI divergence, channels, support/resistance etc.). The funny thing is, when I was new, I focused too much on the TA. But I realized that your SETUP is even more important. TA does not control your feels, TA does not do the math for you. TA is only a way to control your Win Rate.

You really think this isn't helpful at all and still ad bullsh*t?


Title: Re: What I think every trader should do to stay in the green
Post by: adzino on December 16, 2020, 09:22:06 PM
Well, no. I do not make any money on this website, so I wouldn't call it advertising. I genuinely think this is a helpful tool for all traders. I built it for my own use and now it's publicly open to anyone to use as well.
I thought I saw something about promoting Bybit exchange and how it was better in terms of fee. It had your referral link. Don't get me wrong though. I am not against using referral links and you deserve to earn something from your affiliate for your hard work :). Indeed this is going to be helpful for a lot of people and you did the right thing sharing it with everyone.
Curious though, how are all the net profit from bybit almost double?
If you have seen a tool like this, please let me know, because I haven't found anything like this at all. Only for the forex market.

Thanks for the feedback, I appreciate it!
I was talking about those demo account where you can simulate trading without risking anything and hence try out startegies.

You can change the win rate by changing the win rate in the input field.
I meant how do you determine that. But then got to know it's the same thing as win-loss ratio.


Title: Re: What I think every trader should do to stay in the green
Post by: Lanatsa on December 16, 2020, 10:33:43 PM
Aside on shilling out that winrate.io thing then lets talk to the main topic on what trader should do to make itself in green?

Its common that those traits would really be your first experience as a trader specially when you are just starting up but with those mistakes
you would definitely be learning up something along the way which would really be beneficial into your trading career.

Minimize risk as possible and making or molding your own strategy out of your knowledge and experience will really be
a never ending journey.


Title: Re: What I think every trader should do to stay in the green
Post by: winrate.io on December 17, 2020, 12:08:16 AM
Well, no. I do not make any money on this website, so I wouldn't call it advertising. I genuinely think this is a helpful tool for all traders. I built it for my own use and now it's publicly open to anyone to use as well.
I thought I saw something about promoting Bybit exchange and how it was better in terms of fee. It had your referral link. Don't get me wrong though. I am not against using referral links and you deserve to earn something from your affiliate for your hard work :). Indeed this is going to be helpful for a lot of people and you did the right thing sharing it with everyone.
Curious though, how are all the net profit from bybit almost double?
If you have seen a tool like this, please let me know, because I haven't found anything like this at all. Only for the forex market.

Thanks for the feedback, I appreciate it!
I was talking about those demo account where you can simulate trading without risking anything and hence try out startegies.

You can change the win rate by changing the win rate in the input field.
I meant how do you determine that. But then got to know it's the same thing as win-loss ratio.

The net profit can actually vary a lot depending on which exchange you use. I don't want to name any specific exchanges here, but let me give you an example on how different the fees can be:

Exchange 1
Limit order fee: 0.1%
Market order fee: 0.2%

Exchange 2
Limit order fee: -0.025% (means you earn money on your fee rebates)
Market order fee: 0.075%

Exchange 1 will not be profitable for a scalper for example, while Exchange 2 could be very profitable for a scalper.

When I started out day trading, I used an exchange like Exchange 1. When you think about it, if you enter the position with a market order (which I often did) and then lost the trade. I would actually lose -0.4% only on fees. So lets say I had a 1:1 RR at 1%. I would then lose -1.4% on my losses and only make +0.7% on my wins.

I didn't realize that this could make or break my trading until I used my Google Sheet. And when I create my website, it made it even more clear what effect different strategies had.

Hope it clear things up.


Title: Re: What I think every trader should do to stay in the green
Post by: GreatArkansas on December 17, 2020, 01:31:27 AM
"You need a strategy"
Everyone told me from day 1 "You need a strategy" - but I simply didn't know how to make one. After losing 90% of my account balance, I took a break from trading for 6 months. Then I came back with a new mindset and reviewed some of my past trades.
Just as  I think before but you know what, most traders are dealing with hardship in making their trades profitable. In the real situation, traders get a lot of failures before getting the right mixture of strategy in order for them to attain profitability.
(....)
Opening a trade position is just building a house, you need to plan, you have this blueprint for what will be the house looks like. You need to build the foundation of the house and make sure it will last longer with good equipment.
It is the same with trading, you gonna need to plan ahead, like the target price, or stop-loss. That's why technical analysis is really important when you do trading.


Title: Re: What I think every trader should do to stay in the green
Post by: Janation on December 17, 2020, 03:25:03 AM
That is just impossible.

You can't control the market, you can't be always at the "green" because that is not based on your strategies or movements. You can minimize risks or your losses by doing other things like for example diversifying your portfolio but that also means having a higher possibility of not being in the green. That is like an investment that would never dump which also means doesn't exist.


Title: Re: What I think every trader should do to stay in the green
Post by: maxreish on December 17, 2020, 04:09:38 AM
This actually reminds me of Bitmex calculator wherein you can see your PNL and other possible profits when set up differenr preferred leverage and amount entry. Of course the first thing we should do is to make a Risk Management Plan for our trading as well as stop loss order with effecient Technical Analysis. Those strong combinations will definitely make your trading go green and smooth with of course proper strategy.
 
So, the simulator has also a shill for bybit at the bottom of the site, too. Anyway, this can be very helpful to some traders who wish to compute their future profits and losses.


Title: Re: What I think every trader should do to stay in the green
Post by: el kaka22 on December 17, 2020, 08:16:53 AM
Winrate making a shill topic about win rate is a funny thing. Normally they at least create a new member here, or buy a jr.member or something and use that for profit purposes, here they didn't even care about anything like that, they simply focused on shilling and used their own account for that purpose. All weird and definitely useless marketing aside, having one strategy that works out is a great feeling, finding that strategy? Not so much.

It is not easy to find a method that would yield you profit no matter what, sometimes for a long period, sometimes very quickly but it takes time to find that out. I have used DCA for years now and that seems to be the only one working, but for about 3-4 years I have looked for every indicator and every technical analysis and failed them all.


Title: Re: What I think every trader should do to stay in the green
Post by: so98nn on December 17, 2020, 09:03:32 AM
The problem with trading
When I started day trading crypto 3 years ago, I didn't have a plan with my trading. I just thought "if my win rate is high, I will make money gogogo".
I think everyone is missing a very important step if you just do some TA and start trading.

Freakishly true. When we were noob we thought after seeing the up rising market, this is the place where we can go and earn bucks just like that. Lol, but it is so not true since a noob is always haunted with greed of earning quick bucks. But as new comer no one knows how volatile this market is and that the first wrong thing new comer get hit by.

"You need a strategy"
Everyone told me from day 1 "You need a strategy" - but I simply didn't know how to make one. After losing 90% of my account balance, I took a break from trading for 6 months. Then I came back with a new mindset and reviewed some of my past trades.

Thats called as self-evaluation. A very important and progressive thing which a trader must acquire in their blood stream. Literally, I have myself jumped into the trading with attitude that yeah it's just buy and sell stuff. You buy low and you sell high. But that's not the point here. You can't win the market if you don't have proper timings really.

I had no plan
When I look back at it, it was actually crazy how much I cowboyed my trading. Sometimes, I made +1%, sometimes -3%, sometimes +5%, sometimes +10%, sometimes -7%. There was no structure and I had no idea what results I could expect.

Since I had no forecast of my results, it was difficult to follow my rules. I simply lacked motivation to follow my rules. I think this is very common.

Visionary trader! One must set a goal. How much far one wants to go when it's green, and how fast one must stop when it's going all red!
I like this one, because this is the main criteria. If you don't control yourself then you can just loose it all in a blink of an eye. Truly, its about beating the stop-loss meter which most of us fail in the initial days or if we don't walk with the strategies.

What worked for me
What made me go from a bad trader to a consistent profitable trader, was ACTUALLY using a strategy. Not only trading based on a vague strategy.

NOW - How the heck should I form a reliable strategy that works?
I opened up a Google Sheet and started writing formulas to estimate my earnings and losses from trading, based on different win rate, starting balance, leverage etc. It helped me a lot but it was so tedious to change the strategy in Google Sheets

I had enough. So I started to Google if there was a better way to do this. I found nothing. The only thing I found was a Forex Profit Calculator, but I wanted one for crypto.

It is good to know you went in depth while playing this game. Trading should be studied both from other and for your own steps. We must recollect what is wrong with our trades if we are loosing on the continuous basis. There is always time we should follow others if we are making too much mistakes in the trading.

Winrate.io was my game changer
[...]

Yes, a tool is always needed to help our abilities and track the movement of our trades. I guess everyone must follow their own brands. This one might have helped OP but may not work for me in the best possible scenario. So choosing a portfolio manager is also great art and perhaps a suitability is also needed for the same.


Title: Re: What I think every trader should do to stay in the green
Post by: ultrloa on December 17, 2020, 09:36:49 AM
"You need a strategy"
Everyone told me from day 1 "You need a strategy" - but I simply didn't know how to make one. After losing 90% of my account balance, I took a break from trading for 6 months. Then I came back with a new mindset and reviewed some of my past trades.
Just as  I think before but you know what, most traders are dealing with hardship in making their trades profitable. In the real situation, traders get a lot of failures before getting the right mixture of strategy in order for them to attain profitability.
(....)
Opening a trade position is just building a house, you need to plan, you have this blueprint for what will be the house looks like. You need to build the foundation of the house and make sure it will last longer with good equipment.
It is the same with trading, you gonna need to plan ahead, like the target price, or stop-loss. That's why technical analysis is really important when you do trading.

Without technical analysis we are like blind on seeing some possibilities and we are just guessing on the outcome on our trades which is dangerous to us and can lead to lossing our capitals that's why we need to have a certain plan so that we can react on how the market goes in a short while. Market is mysterious so we should have discipline to apply what we learn and not to be greedy about to gain more from it since this will cost a lot from us if we do some mistakes on our trades.


Title: Re: What I think every trader should do to stay in the green
Post by: Yamifoud on December 17, 2020, 12:12:25 PM
A good thing to hear it mate (winrate.io). How I wish that I could have such talent so I can also make my own. However, I also realize that it was not really important in trading, what I think is that we need to patiently work on our trade in order to succeed and I am not sure as well if that your recommended site and strategy will work on me, less possible that it ends like the way it gives to you.

These things I think that is very important.
PLAN
STRATEGY
EXECUTION
CONSISTENCY




Title: Re: What I think every trader should do to stay in the green
Post by: sana54210 on December 17, 2020, 02:52:26 PM
Always staying in green should be the goal of every trader, however try to realize that red is not always the enemy, you just have to befriend the red as well as green because no matter who you are, there are times you make a loss. You think Warren Buffet never made a bad decision in his entire career? Dude has been trading for over 70 years now, that is a significant amount of time and he did made a ton of mistakes along the way, why is he so great then? Because his right moves far more than his wrong moves.

This is why I would like to say that have as much green trades as you can, but if you ever have few red ones do not be worried because that is in the nature of trading world and you will make some loss in the end even if you like it or not.


Title: Re: What I think every trader should do to stay in the green
Post by: jossiel on December 17, 2020, 08:45:17 PM
"You need a strategy"
Everyone told me from day 1 "You need a strategy" - but I simply didn't know how to make one. After losing 90% of my account balance, I took a break from trading for 6 months. Then I came back with a new mindset and reviewed some of my past trades.
Just as  I think before but you know what, most traders are dealing with hardship in making their trades profitable. In the real situation, traders get a lot of failures before getting the right mixture of strategy in order for them to attain profitability.

I'm done with trading and it's not that profitable to me, well at least its the day trading that I'm mentioning. And the strategy that I've learned from the others is no other than holding. Accumulating and holding works great for me and I don't want to get rekt again by doing day trading.

Yeah, trading is difficult and it hurts me to see how many people are losing lots of money. Thats why I think everyone needs a strategy - to know what is the worst case scenario and what is the best case scenario.

For me this was a game-changer. Because I realized that, with the right strategy, I didn't even have to risk that much money but still have the same potential.

One of my most important rules that I use to stay in the green is to NEVER lose more than 2% on a trade, never never never. I always set the stop loss at 1-2%. In that way, I will never panic and if I realize that I have too many losses in a row, I pause my trading and evaluate why I keep losing.
Setting stop loss is a good strategy. When I was newbie, I don't know about this feature the exchanges have and that's why I'm losing more than what I have.

It is a good deal that you only set it from 1%-2%. I've seen others are putting it above from 5%-10% which surely will hurt you whenever you just keep seeing the market don't go along with what you're trying to trade. It is an interesting strategy when you've said that you don't have to risk that much money as 1%-2% isn't a lot compare to what me and other newbies did before at least when I'm still day trading.


Title: Re: What I think every trader should do to stay in the green
Post by: Lanatsa on December 17, 2020, 09:28:25 PM
"You need a strategy"
Everyone told me from day 1 "You need a strategy" - but I simply didn't know how to make one. After losing 90% of my account balance, I took a break from trading for 6 months. Then I came back with a new mindset and reviewed some of my past trades.
Just as  I think before but you know what, most traders are dealing with hardship in making their trades profitable. In the real situation, traders get a lot of failures before getting the right mixture of strategy in order for them to attain profitability.

I'm done with trading and it's not that profitable to me, well at least its the day trading that I'm mentioning. And the strategy that I've learned from the others is no other than holding. Accumulating and holding works great for me and I don't want to get rekt again by doing day trading.

Yeah, trading is difficult and it hurts me to see how many people are losing lots of money. Thats why I think everyone needs a strategy - to know what is the worst case scenario and what is the best case scenario.

For me this was a game-changer. Because I realized that, with the right strategy, I didn't even have to risk that much money but still have the same potential.

One of my most important rules that I use to stay in the green is to NEVER lose more than 2% on a trade, never never never. I always set the stop loss at 1-2%. In that way, I will never panic and if I realize that I have too many losses in a row, I pause my trading and evaluate why I keep losing.
Setting stop loss is a good strategy. When I was newbie, I don't know about this feature the exchanges have and that's why I'm losing more than what I have.

It is a good deal that you only set it from 1%-2%. I've seen others are putting it above from 5%-10% which surely will hurt you whenever you just keep seeing the market don't go along with what you're trying to trade. It is an interesting strategy when you've said that you don't have to risk that much money as 1%-2% isn't a lot compare to what me and other newbies did before at least when I'm still day trading.

For people whom do make out some swing trades or mostly away from keyboard or not really that active then setting stop loss would be recommended but when you do
actively make trades then this one wont really be that necessary or needed because you can actively stop or cut those orders with your own decision or on spot.

We do only have one target which is to stay into the green side no matter what strategy or behavior you do have as long it do looks effective then better stick with it.

Don't let yourself get too greedy or else it will mess up the entire thing.


Title: Re: What I think every trader should do to stay in the green
Post by: South Park on December 17, 2020, 09:57:29 PM
"You need a strategy"
Everyone told me from day 1 "You need a strategy" - but I simply didn't know how to make one. After losing 90% of my account balance, I took a break from trading for 6 months. Then I came back with a new mindset and reviewed some of my past trades.
Just as  I think before but you know what, most traders are dealing with hardship in making their trades profitable. In the real situation, traders get a lot of failures before getting the right mixture of strategy in order for them to attain profitability.

I'm done with trading and it's not that profitable to me, well at least its the day trading that I'm mentioning. And the strategy that I've learned from the others is no other than holding. Accumulating and holding works great for me and I don't want to get rekt again by doing day trading.
And there is nothing wrong with that, it is important to admit when we are not capable of something instead of deceive ourselves, while trading can be very profitable the same can be said about holding your coins as well with the advantage that you do not need to make anything except buying from time to time and in the case you want to cash out for fiat then you can and it is very likely your capital gains are going to be free of taxes if you held your coins for long enough.


Title: Re: What I think every trader should do to stay in the green
Post by: Bvvvp009 on December 18, 2020, 04:43:47 AM
I don't think it will be possible, to stay forever in Green, Green and Red are part of the game.


Title: Re: What I think every trader should do to stay in the green
Post by: CryptopreneurBrainboss on December 18, 2020, 07:10:34 AM
This is why I would like to say that have as much green trades as you can, but if you ever have few red ones do not be worried because that is in the nature of trading world and you will make some loss in the end even if you like it or not.

Well said, I remember trading in the forex market back in the days. For each trade then I executed, be it a buy or sell order, I always start the off been in red although that doesn't mean the trades always end that way. Same thing can be said about the crypto market in some way. Lost are part of the process. You even gain more when your lose due to the lesson that comes with losing. A trader that continuously wins will get over confident and might make a mistake that'll cost that traders all or most of their profits. There is this popular phrase that say, 'losing is part of the process of winning' and every trader can testify to this been true.

The title of this thread was carefully picked to draw attention to the thread as this to me is some kind of advertisment in my opinion. The Op is only trying to shill their platform to gain some clicks. While what they highlighted is quite informative, we shouldn't ignored the fact that most of the so called professional traders, claiming to be winning with all traders and giving solution to your lost issue are only doing those to sell whatever they are selling and that's all.


Title: Re: What I think every trader should do to stay in the green
Post by: Findingnemo on December 18, 2020, 01:59:41 PM
I don't think it will be possible, to stay forever in Green, Green and Red are part of the game.
Literally it is possible to stay in green as a trader in long run if they are good at managing funds and making decision with their trades.But red and green are common scenario of trade after trade so we have to just let it go and take the future trade as more serious and keen about not making the same mistakes which made earlier.


Title: Re: What I think every trader should do to stay in the green
Post by: bassbity on December 18, 2020, 03:05:34 PM
it is impossible to stay on the green signal all the time, because it will be difficult to establish such a position. and I feel like it's not trading. In the world of trading, the value of red and green signals or better known as the ups and downs of prices is a natural thing, in general there will always be in terms of trading.
As for the strategy of holding on to the green signals, this is the way market analysts do, even they cannot fully guarantee it.
The point is that the red signal is very important to buy cheaply, if it continues to hold on to the green signal, of course you have to trade for a short time and always watch your commuter screen, watching the price movement without blinking.


Title: Re: What I think every trader should do to stay in the green
Post by: Sebas.tian on December 18, 2020, 03:33:12 PM
Traders should stay focused on their asset by monitoring the fluctuations, because this helps them become updated with every changes. Having gains to stay in green signals is very difficult to maintain while market sometimes saturate due to resistance. Long term holds will be effective for a meanwhile so trying this as an alternative strategy might be efficient as well.
You just said something more important mate, there are traders in the industry that won't check on their portfolios until they deem fit to which is wrong indeed. Asset should be check regularly except the portfolio holder in question belong to the class of the whales. What i will advise every trader to exhibit is: be such that have a managerial skill in managing your portfolios, don't buy into the FOMO becasue the result always end in loss.


Title: Re: What I think every trader should do to stay in the green
Post by: Lorokan on December 18, 2020, 03:44:32 PM
A trader should not worry about staying in "green", the market is wide and there are uncertainties; instead a trader should take profits in green and also re ascertain their investment claim. You should not worry about how long the bull run will last; you worry about how soon you take your profit and wait for price correction.


Title: Re: What I think every trader should do to stay in the green
Post by: shield132 on December 18, 2020, 05:46:39 PM
So, according to your post, it seems that for traders, in order to stay green, they should use your website. Well, it's okay to use your website since you offer it for free and don't require anything, no complain about that but the way you promote your website is a little bit shameful. You could just open Announcement thread and write more details here.

I still think that this calculator means nothing. You can't plan trading because you can't control good and bad moments. If there are a lot of good moments, then you have to break through your strategy and follow the flow. If there are bad moments, you won't be able to profit but you may lose, still better to leave your strategy for a while. That's why I think it's useless.


Title: Re: What I think every trader should do to stay in the green
Post by: imstillthebest on December 18, 2020, 07:25:38 PM
A trader should not worry about staying in "green", the market is wide and there are uncertainties; instead a trader should take profits in green and also re ascertain their investment claim..
staying in green without doing actions for what ? you dont control the market and you wont say you have a better coin for you to remain in the green zone because that wont happen .

 btc is a better coin but btc can step in a red zone  .

i guess what he mean if staying in green is to stay in profit . doesnt mean that you saw a green your now going to sell , no because there are green but the increase is 0.1 percent or lower


Title: Re: What I think every trader should do to stay in the green
Post by: Stedsm on December 18, 2020, 07:53:38 PM
Tbh, the best thing you need to know here is where to sell. Nobody in this world can predict it to you. For those who sold at peak, congrats to them because they're now enjoying their real gains instead of still holding it under the pressure of waiting for longer to reach a much higher ATH. Come on folks, it's Christmas coming and so, there will be a selling pressure added at some point soon once people realize they've got enough expenditures to have covered before the festival arrives. This is the only thing a trader needs to know IMHO to be in greens. ;)


Title: Re: What I think every trader should do to stay in the green
Post by: Kelvinid on December 18, 2020, 09:15:01 PM
Always staying in green should be the goal of every trader, however try to realize that red is not always the enemy, you just have to befriend the red as well as green because no matter who you are, there are times you make a loss.
It can't be all that way all the time. The volatility of the market will ruin that plus the so-called emotion that will affect to our decision making.
Though we wanted it to keep in green and profitable but unfortunately, we don't have such control.

This is why I would like to say that have as much green trades as you can, but if you ever have few red ones do not be worried because that is in the nature of trading world and you will make some loss in the end even if you like it or not.
Emotional trader won't see good result but just a lose one.
It is to remember that we are not in control with the market movement, thus, if we are not able to become adoptable to the market there is no way we can help no matter if you have a good strategy.


Title: Re: What I think every trader should do to stay in the green
Post by: dunfida on December 18, 2020, 09:38:12 PM
Tbh, the best thing you need to know here is where to sell. Nobody in this world can predict it to you. For those who sold at peak, congrats to them because they're now enjoying their real gains instead of still holding it under the pressure of waiting for longer to reach a much higher ATH. Come on folks, it's Christmas coming and so, there will be a selling pressure added at some point soon once people realize they've got enough expenditures to have covered before the festival arrives. This is the only thing a trader needs to know IMHO to be in greens. ;)
Its up to someones decision and we can presume out that there would be sell-offs into this upcoming holiday season which isnt something new but who knows that the price might really be stagnant for a while.
For those who did really sold in the peak then i do really consider them to be wise as always were there are people who doesnt really take long too much on holding their coins and once they do see the gains
then they do immediately sell off without any hesitance.You should really be having this kind of behavior because this will give out really some advantage compared to those who do decide
to hold and wait up for some moon but comparing on profit intensity then we can really tell the difference.


Title: Re: What I think every trader should do to stay in the green
Post by: seleme on December 18, 2020, 09:46:56 PM
The very nice and acceptable way of introducing the website, you have to focus on advertising for attracting more traders. Focusing on the long-term goals is the key before thinking about how to make a big buck in trading, not all traders have a deep understanding of how financial markets work. Turning the trading strategy into a profitable one requires sleepless nights and having bad results based on past market activities shouldn't change the long-term trading goal.


Title: Re: What I think every trader should do to stay in the green
Post by: konflikkastil on December 19, 2020, 12:33:05 PM
I took my time to read carefully, you have done a good job by the points you started. Just like what I always tell my guys, you can't start what you know nothing about. This is like a course, and it will be very bad to dable into what you don't know. They say Rome was not built in a day. It takes time to learn about trading. There are green light, to know when to go into trade, and I remember how I made some mistake the first time I started TRADING on forex. It was so back to I lost close $100 in just a day.


Title: Re: What I think every trader should do to stay in the green
Post by: jostorres on December 21, 2020, 04:29:36 PM
I remember trading in the forex market back in the days. For each trade then I executed, be it a buy or sell order, I always start the off been in red although that doesn't mean the trades always end that way. Same thing can be said about the crypto market in some way. Lost are part of the process. You even gain more when your lose due to the lesson that comes with losing. A trader that continuously wins will get over confident and might make a mistake that'll cost that traders all or most of their profits. There is this popular phrase that say, 'losing is part of the process of winning' and every trader can testify to this been true.

The title of this thread was carefully picked to draw attention to the thread as this to me is some kind of advertisment in my opinion. The Op is only trying to shill their platform to gain some clicks. While what they highlighted is quite informative, we shouldn't ignored the fact that most of the so called professional traders, claiming to be winning with all traders and giving solution to your lost issue are only doing those to sell whatever they are selling and that's all.
I think you do not gain more when you lose thanks to lessons :D.

I think a loss is a loss, and a profit is a profit. I understand your logic and I agree that even when you lose, you gain at least something, you do not gain "more" than actually profiting but it is not a complete loss and it is not for nothing, I agree that you gain something in return which is experience and experience is not something you can put a price tag, some people like you can value experience and lessons a lot more than money but it depends on the price as well.

Earning 10k is a lot more than losing 10 dollars and gaining a lesson, because a lesson you gain from 10 dollar lost will not be much, plus losing 10k would mean you would learn a huge lesson but you are down 10k dollars which is a lot. Hence I think everyone should aim at profit in the long run, even if not for each trade.


Title: Re: What I think every trader should do to stay in the green
Post by: JooBra on December 21, 2020, 10:12:03 PM
I don't think it will be possible, to stay forever in Green, Green and Red are part of the game.
Literally it is possible to stay in green as a trader in long run if they are good at managing funds and making decision with their trades.But red and green are common scenario of trade after trade so we have to just let it go and take the future trade as more serious and keen about not making the same mistakes which made earlier.
With one goes the other. Most important part is to be more in green then in red. It sounds easy but be sure it isn't.


Title: Re: What I think every trader should do to stay in the green
Post by: Pom_bensin on December 21, 2020, 11:18:21 PM
strategy in my opinion is very important. without a strategy, the capital that you run will be lost regardless of the amount without proven strategic techniques. because trading is a mystery, sometimes you have to prepare a strategy and plan that is careful so as not to be easily exposed to loss quickly and keep the market green


Title: Re: What I think every trader should do to stay in the green
Post by: Yatsan on December 22, 2020, 07:09:16 PM
Getting familiar with the coin you wish to trade must be the first important thing that you need to consider for once you have already get familiar with the market of the coin you are aiming with, you can create strategies somehow that can work on considering the observations you have got and that will be the start on how you can deal on the market changes to keep up on the behavior happening with that certain coin. Having strategy is very essential upon doing trading because trading by just guessing or like putting luck to get into your side will not always work for the fact that doing trade is risky so you must lessen and manage that factor to keep you gaining aside of losing.


Title: Re: What I think every trader should do to stay in the green
Post by: Kupid002 on December 22, 2020, 07:57:32 PM
strategy in my opinion is very important. without a strategy, the capital that you run will be lost regardless of the amount without proven strategic techniques. because trading is a mystery, sometimes you have to prepare a strategy and plan that is careful so as not to be easily exposed to loss quickly and keep the market green

You may lost some amount but it will not wipeout your balance if you are only trading spot. Just ignore the fomo of other traders of the coins they are promoting. That's also one of the big reason why many new comer lost their money because they easily listen to other traders suggestions which is also do not have enough knowledge in trading and just want to earn from it's investment thats why they want many traders buy it.


Title: Re: What I think every trader should do to stay in the green
Post by: CryptocurencyKing on December 22, 2020, 08:49:33 PM
staying in the green is a very nice dream. I call it a dream because its very much not possible to have a market that is always buying even in a bull run like we have it as at now, there is always going to be some retracement that would make the reds come out. That's if we are to view things from that perspective but, should we be looking at it from the side of making profit, its also a dream but this time, a dream that can be made into reality and as such very possible and doable.

trading these days has taken a different course and people shouldn't just jump into trading as it is a place where your most liable gain or loose. with this in mind, complete adherence to the observe traits as stated in OP or a development of a self mastered strategy is required as what works for or trader B has been able to build a comfort zone around is most likely not to work for you.


Title: Re: What I think every trader should do to stay in the green
Post by: Lorokan on December 22, 2020, 09:50:47 PM
As a trader, you have no reason to worry about staying in the green. You invested or trade so that you can take profits in the green market (likewise called bull market or pump). Why then would you worry about staying in green? to monitor the pumps or buy more greens ? This is not right atleast to me


Title: Re: What I think every trader should do to stay in the green
Post by: doctor877 on December 22, 2020, 10:24:11 PM
One of the major reasons that usually cause loses for newbies in trading is the eagerness to earn while they neglect and forget the knowledge and experience needed to achieve it. Making a strategy and modifying it perfection is also a Good way to become a good trader.


Title: Re: What I think every trader should do to stay in the green
Post by: South Park on December 22, 2020, 10:52:23 PM
A trader should not worry about staying in "green", the market is wide and there are uncertainties; instead a trader should take profits in green and also re ascertain their investment claim. You should not worry about how long the bull run will last; you worry about how soon you take your profit and wait for price correction.
Another problem is that losing some trades does not necessarily mean that you are a bad trader or that you made a mistake, every single trader losses money and gets in the red from time to time, that is natural, if you review your strategy and what you did during those trades and you find out that you did everything as you were supposed to do then you should not get upset about the losses, you are just in a bad streak and sooner or later things will go back to normal as long as you have a strong money management strategy.


Title: Re: What I think every trader should do to stay in the green
Post by: Findingnemo on December 23, 2020, 05:46:02 AM
I don't think it will be possible, to stay forever in Green, Green and Red are part of the game.
Literally it is possible to stay in green as a trader in long run if they are good at managing funds and making decision with their trades.But red and green are common scenario of trade after trade so we have to just let it go and take the future trade as more serious and keen about not making the same mistakes which made earlier.
With one goes the other. Most important part is to be more in green then in red. It sounds easy but be sure it isn't.
Making money is not easy as well, so its worth the effort because we are going to make money when we are in green for the long term so take the analysis as serious thing than your regular day job but don't give up one for the another.Having multiple source of income is also plays a role to get succeed as investor.


Title: Re: What I think every trader should do to stay in the green
Post by: gabbie2010 on December 23, 2020, 06:34:52 AM
strategy in my opinion is very important. without a strategy, the capital that you run will be lost regardless of the amount without proven strategic techniques. because trading is a mystery, sometimes you have to prepare a strategy and plan that is careful so as not to be easily exposed to loss quickly and keep the market green
In addition to having a working strategy (no perfect one) however such a strategy should have a good risk to reward ratio at least 1:2 with this set up a trader will be profitable in a long run despite incurring some losses, the trader must also stick to that strategy to perfect it thoroughly to ensure consistent profit taking however it can dangerous to constantly change strategy in the course trading with a live account, there are numerous strategies on youtube, google e.t.c to choose from and work on them possibly by subjecting them to stimulation or demo trade before going live.


Title: Re: What I think every trader should do to stay in the green
Post by: ethereumhunter on December 23, 2020, 08:05:49 AM
I don't think it will be possible, to stay forever in Green, Green and Red are part of the game.
Literally it is possible to stay in green as a trader in long run if they are good at managing funds and making decision with their trades.But red and green are common scenario of trade after trade so we have to just let it go and take the future trade as more serious and keen about not making the same mistakes which made earlier.
With one goes the other. Most important part is to be more in green then in red. It sounds easy but be sure it isn't.
Making money is not easy as well, so its worth the effort because we are going to make money when we are in green for the long term so take the analysis as serious thing than your regular day job but don't give up one for the another.Having multiple source of income is also plays a role to get succeed as investor.

At this moment, I am sure we can make money because the market now is green again after it was red candle yesterday. Searching for the other income source will be good for us because we will have a chance to make more money. So do not give up if you are not making money this time, but you need to believe still that you will have your chance to make money in the future.


Title: Re: What I think every trader should do to stay in the green
Post by: fullhdpixel on December 23, 2020, 02:55:25 PM
For someone saying that long term is very good, well it might be good 8) but hundred percent good? Hmmm Nah nah. Even with a long term you still have to be sure of what you’re doing , some coins can increased today and when they fall and you happen to caught up in the fall, it can take more than year or two before you will regain back from the fall.

I usually see some people who like throw the word around that long term is very reliable, don’t fall for it, you have to do it at the right time before it will be profitable for you. You have to know when you should buy. It’s just like so many people were being told to buy early this year and they never agreed, they didn’t realize that the market was its lowest and even if it takes long, once things are back to normal it will start recovering from there.


Title: Re: What I think every trader should do to stay in the green
Post by: Findingnemo on December 24, 2020, 05:07:59 PM
At this moment, I am sure we can make money because the market now is green again after it was red candle yesterday. Searching for the other income source will be good for us because we will have a chance to make more money. So do not give up if you are not making money this time, but you need to believe still that you will have your chance to make money in the future.
IMO, a trader should be trading all the time irrespective of the market condition that will make him as skillful trader then successful as well in long run.If you are going to be a trader you must have some other source of income which gives constant cash flow which will help you to make trading more intensively.


Title: Re: What I think every trader should do to stay in the green
Post by: South Park on December 28, 2020, 10:26:22 PM
strategy in my opinion is very important. without a strategy, the capital that you run will be lost regardless of the amount without proven strategic techniques. because trading is a mystery, sometimes you have to prepare a strategy and plan that is careful so as not to be easily exposed to loss quickly and keep the market green
In addition to having a working strategy (no perfect one) however such a strategy should have a good risk to reward ratio at least 1:2 with this set up a trader will be profitable in a long run despite incurring some losses, the trader must also stick to that strategy to perfect it thoroughly to ensure consistent profit taking however it can dangerous to constantly change strategy in the course trading with a live account, there are numerous strategies on youtube, google e.t.c to choose from and work on them possibly by subjecting them to stimulation or demo trade before going live.
It is my opinion this is what people struggle the most, even if they find a strategy they know it is going to be profitable for them over the long term as soon as they lose some trades they begin to look for fault on their strategy and stop follow it which is a huge mistake, unless you have previously tested a new strategy that you have found is less risky and more profitable you should never go against what your strategy tells you because that is without a doubt a fast way to lose your money.


Title: Re: What I think every trader should do to stay in the green
Post by: 2double0 on December 28, 2020, 10:32:17 PM
No strategies work long term, sticking to one will never help. Planned trading however can change your perspective of looking towards trading as a gambling material, and will make you realize that if you would plan your trades before executing them, you can understand the risk:reward system and act accordingly. Many traders lose because they run after money, while they forget that trading requires patience and traders who want quick returns and get rich overnight need to reassess their trading.


Title: Re: What I think every trader should do to stay in the green
Post by: Max_Headroom on December 28, 2020, 10:43:54 PM
Quote
"You need a strategy"

Often one given "strategy" works very well at ...lets say.... 15 time-frame, but if you run that same very "strategy" at 5M .. nah .. after historical backrest .. ask yourself the following question: why not?   ???


Title: Re: What I think every trader should do to stay in the green
Post by: Hippocrypto on December 28, 2020, 11:27:26 PM
At this moment, I am sure we can make money because the market now is green again after it was red candle yesterday. Searching for the other income source will be good for us because we will have a chance to make more money. So do not give up if you are not making money this time, but you need to believe still that you will have your chance to make money in the future.
IMO, a trader should be trading all the time irrespective of the market condition that will make him as skillful trader then successful as well in long run.If you are going to be a trader you must have some other source of income which gives constant cash flow which will help you to make trading more intensively.

There's a lot of ways to prevent you from using the funds in trading, it can be from passive income of a physical business. It could be a good alternative in order to earn while holding a good coins while in green market. You don't know what will happen in the future when sudden spikes will occur then you'll able to take profits once your holdings reached a good price.


Title: Re: What I think every trader should do to stay in the green
Post by: samcrypto on December 28, 2020, 11:32:50 PM
There’s no way to stay green because the market is too volatile, well not unless you’re a great trader and have some proof for that then I don’t have any question for that. Trader should focus to hit their target profit even if they lose some money because that is normal and its part of the game, so don’t be afraid to lose money.


Title: Re: What I think every trader should do to stay in the green
Post by: romero121 on December 29, 2020, 11:40:09 AM
Staying green while practicing trading is possible. To be successful out of it, user needs to have the patience and should not go for short term trading. Just buy an asset when the price is low, and open a buy order for a bigger price than the bought value. This at times might take time to get executed.


Title: Re: What I think every trader should do to stay in the green
Post by: MCobian on December 29, 2020, 12:12:03 PM
All traders definitely want to stay in the green, but the fact is we can't always stay in the green. The movement of the crypto market is
very volatile, so for sure we will one day experience staying in the red. Even professional traders are not perfect and can't always stay in
the green, therefore we need emotional control and risk management. I agree with you the key to successful trading is having a good strategy,
if we trade without a strategy will only make we lose money.


Title: Re: What I think every trader should do to stay in the green
Post by: ife2020 on December 29, 2020, 12:29:03 PM
For me as a trader; i have on tactics in the green market; and that is to evaluate the value of the pump and take profits. Because as a trader i wonder why you would not take profits during a bull season. This is just my opinion though. Profit matters always.


Title: Re: What I think every trader should do to stay in the green
Post by: Hypnosis00 on December 29, 2020, 02:01:28 PM
For me as a trader; i have on tactics in the green market; and that is to evaluate the value of the pump and take profits. Because as a trader i wonder why you would not take profits during a bull season. This is just my opinion though. Profit matters always.
Simply it works if you have a plan which is very unlikely to happen in a trader that doesn't any. I'll buy when the market is in red and then hold, then sell it when the market turns into green and when I saw profit.

Well, all of us have the different market understanding and so the strategies. I also make a trade base of what I understand the market development and I stop relying on others coz of some reason that this will sometimes make you fall. Thus, If I fail, have nothing to blame as well.


Title: Re: What I think every trader should do to stay in the green
Post by: blckhawk on December 29, 2020, 02:02:11 PM
Staying green while practicing trading is possible. To be successful out of it, user needs to have the patience and should not go for short term trading. Just buy an asset when the price is low, and open a buy order for a bigger price than the bought value. This at times might take time to get executed.
Well yeah, long-term trade is one of the strategies to make your trades always green because it would be simple to determine when to buy and sell your assets. However, wouldn't it be challenging? I mean short-term could be risky but bear in mind that the riskier the thing is the more profit you will have. Besides, making a TA would likely reduce your risk exposure, this will be your guide for you to be able to have a good outcome. Always make a research about the coins you trade, analyze the trend and you'll be fine.


Title: Re: What I think every trader should do to stay in the green
Post by: justdimin on December 29, 2020, 04:23:32 PM
There’s no way to stay green because the market is too volatile, well not unless you’re a great trader and have some proof for that then I don’t have any question for that. Trader should focus to hit their target profit even if they lose some money because that is normal and its part of the game, so don’t be afraid to lose money.
You can technically "stay in green" if you are an investor. If you invest for the long term there is a big part of the period where you will have some losses and some profits here and there, the price will change and that will make your unrealized profits or losses move, but in the end you will always stay in the green after a while.

Of course if you imagine someone buying from 27k you will think that it will take a long time before someone is never in red, that is true right? I mean if I buy from 27k I will have times when I am in red, that is no doubt. However what if I bought at 2k? That would mean I would have been not in red for over 4 years now give or take right? Or at least over 3 years for sure. This is why I suggest long term investing, because it may take years to get there but after few years you will become "never in red" forever.


Title: Re: What I think every trader should do to stay in the green
Post by: Astvile on December 30, 2020, 04:43:22 AM
There’s no way to stay green because the market is too volatile, well not unless you’re a great trader and have some proof for that then I don’t have any question for that. Trader should focus to hit their target profit even if they lose some money because that is normal and its part of the game, so don’t be afraid to lose money.
You can stay green even with how volatile the market is. It will just all come down on you manage your risk and funds. I know some traders who earn their living trading full time some of them even quit their job because with trading they can earn more than they earn in 9-5 jobs. With the proper setup of trading plan, risk management, and strategy, you can stay green in trading it sounds easy but trust me it's not.


Title: Re: What I think every trader should do to stay in the green
Post by: kram31 on December 30, 2020, 04:53:55 AM
As a trader we need to be patience, this is very important actually, because in trading there is always risk involved. Meaning, don't trade what you can't afford to lose. So, staying in green will give us a sure profit at most of the time. But if you are going to implement the scalping method it will only lead you into a high risk only for sure.


Title: Re: What I think every trader should do to stay in the green
Post by: Kopetunto on December 30, 2020, 08:53:22 AM
always get profit ?, of course a trader must analyze correctly, be it analyzing the market or analyzing the price itself,
I guarantee that no trader can always be in the green zone continuously, there will be a red road that is always waiting for the trader,
even though he is an expert, I am sure the lose will always be part of it.


Title: Re: What I think every trader should do to stay in the green
Post by: RealMalatesta on December 30, 2020, 04:59:26 PM
always get profit ?, of course a trader must analyze correctly, be it analyzing the market or analyzing the price itself,
I guarantee that no trader can always be in the green zone continuously, there will be a red road that is always waiting for the trader,
even though he is an expert, I am sure the lose will always be part of it.
There are ways to be "always in green" if you are rich enough, obviously it will still be never always green because this is trading and there are always ups and downs but if you are quick enough you can minimize your losses as much as you can. How? Well if you are rich enough, buy 1 million dollars worth of bitcoin from this price, the price drops? Buy 10 million dollars more of it, price drops again? Buy 30 million dollars worth of it.

Basically you keep buying the lower it goes in magnitudes of what you initially invested, that way you will get closer (very) to what it is at that moment, and with just one increase you will be in profit.

This is almost guaranteed way to keep in profit, but it has one requirement, you can't do this with things that will crash, if you do that you will lose all your money very quickly when it becomes zero, so you need to do this on things like bitcoin or ethereum, and not some brand new defi project.


Title: Re: What I think every trader should do to stay in the green
Post by: CryptopreneurBrainboss on December 31, 2020, 07:45:45 AM
Earning 10k is a lot more than losing 10 dollars and gaining a lesson, because a lesson you gain from 10 dollar lost will not be much, plus losing 10k would mean you would learn a huge lesson but you are down 10k dollars which is a lot. Hence I think everyone should aim at profit in the long run, even if not for each trade.

Well the best thing about kind of conversation is that idea from different perspective are been discussed and the best is agreed on. All you have said isn't wrong so as mine. It's better to profit then to lose but do understand that the profit don't come always. No trader can be in profit from the very beginning of their trade to date. At some point they must have lose either as a result of their ignorance or the market just crashing unexpectedly like the Covid19 crashed that occured in march this year.

Some situation might occurs that their profits are huge to cover their losses although that doesn't mean they won't have some negative trade. The ideas behind my logic is losses make you set up review your strategy and work on them while profits make you feel too confident.

We have scenario where traders become too confident as a result of their simultaneous profits from trade to trade and if precautions aren't taken they make huge mistakes that cost them almost all their profits it majority due to a sudden change in market.


Title: Re: What I think every trader should do to stay in the green
Post by: ethereumhunter on December 31, 2020, 08:12:42 AM
always get profit ?, of course a trader must analyze correctly, be it analyzing the market or analyzing the price itself,
I guarantee that no trader can always be in the green zone continuously, there will be a red road that is always waiting for the trader,
even though he is an expert, I am sure the lose will always be part of it.

Yes, it is difficult to always get a green, even if that trader is a pro trader. The market is unpredictable, and that can make us feel difficult to analyze the market moves. We need to know when we should leave the market in a profit position, and do not force ourselves to continue trading if we think that it is difficult to enter the market. It is better to take a break for a while than to continue trading if the situation is not right.


Title: Re: What I think every trader should do to stay in the green
Post by: Shasha80 on December 31, 2020, 08:50:30 AM
All traders definitely have a desire to be in the green zone, but unfortunately reality says differently. Since crypto trading cannot always
be in the green zone, sometimes traders have to feel in the red zone too. And there is nothing wrong with it, that is normal thing experienced
by all traders. The most important thing is that the strategy we use is effective and can generate profits that can be said to be successful.
So every trader has to practice a lot in order to improve their trading skills, that way when in the green zone or red zone we can still make
the right decisions.


Title: Re: What I think every trader should do to stay in the green
Post by: jaberwock on December 31, 2020, 04:55:05 PM
I really think this step is very important but something that a lot of traders does not do - because it is difficult to do in Google Sheets or Excel.
Yeah, there are lots of people joining trading everyday and there are also so many people who are quitting because they don’t get a thing about trading, it’s a difficult thing for anyone to do. But, it’s always good that you revisit your trade history and check the mistakes you have made, this will help you to know what and where to take corrections so that you won’t be repeating that same mistake over and over again, instead you will realize the best way to handle it and place better trades and make profit.

It’s all with time, it’s not something you will learn immediately. And about having a strategy that one can use for trading, a lot of people have mentioned this here a lot of times.


Title: Re: What I think every trader should do to stay in the green
Post by: Ridwan Fauzi on December 31, 2020, 05:26:38 PM
As a trader we need to be patience, this is very important actually, because in trading there is always risk involved. Meaning, don't trade what you can't afford to lose. So, staying in green will give us a sure profit at most of the time. But if you are going to implement the scalping method it will only lead you into a high risk only for sure.
Having a good trading system is better than to say what you can afford to lose, yeah I think that the last strategy that we should have. If you have trading system you will hava your own rule to entry in every marker that will you trade. It means, if your prediction have 70% to getting profit then you will entry to the market but otherwise if you just have 10% to get profit and the rest you have incredulity then you must pass through the market and comeback when you have a 70% chance. By doing that, you will maximize your profit and minimize the slightest loss that you will face.


Title: Re: What I think every trader should do to stay in the green
Post by: create_crypto on January 02, 2021, 04:44:22 PM
The problem with trading
When I started day trading crypto 3 years ago, I didn't have a plan with my trading. I just thought "if my win rate is high, I will make money gogogo".
I think everyone is missing a very important step if you just do some TA and start trading.

"You need a strategy"
Everyone told me from day 1 "You need a strategy" - but I simply didn't know how to make one. After losing 90% of my account balance, I took a break from trading for 6 months. Then I came back with a new mindset and reviewed some of my past trades.

I had no plan
When I look back at it, it was actually crazy how much I cowboyed my trading. Sometimes, I made +1%, sometimes -3%, sometimes +5%, sometimes +10%, sometimes -7%. There was no structure and I had no idea what results I could expect.

Since I had no forecast of my results, it was difficult to follow my rules. I simply lacked motivation to follow my rules. I think this is very common.

What worked for me
What made me go from a bad trader to a consistent profitable trader, was ACTUALLY using a strategy. Not only trading based on a vague strategy.

NOW - How the heck should I form a reliable strategy that works?
I opened up a Google Sheet and started writing formulas to estimate my earnings and losses from trading, based on different win rate, starting balance, leverage etc. It helped me a lot but it was so tedious to change the strategy in Google Sheets

I had enough. So I started to Google if there was a better way to do this. I found nothing. The only thing I found was a Forex Profit Calculator, but I wanted one for crypto.

Winrate.io was my game changer
So I made my own one. I created a website called winrate.io (http://winrate.io) where you can test your current strategy or create a new strategy if your current one doesn't work.

This was a game changer for my own trading - Since I realized that my current strategy was not efficient at all and I was trading on an exchange with crazy fees. I sat down for 1-2 hours and tried different setups, and found out that I just had to make a few tweaks to make my current strategy work a lot better.

This is free and it will not ask for anything from you - not even your email. This is simply my Google Sheet in a more user friendly version that I personally use to improve my trading. My friends also use it regularly. So I wanted to share it with you as well. Hope thats OK!

https://i.imgur.com/x9uiVMi.png

I really think this step is very important but something that a lot of traders does not do - because it is difficult to do in Google Sheets or Excel.

Please let me know if you think this is helpful and if you have any questions.

All the best,
Joel

I think is is a wrong question, because the best traders in the world not all the time green, Secret of their trading - they very quick cut losses, so they have a lot of trades with little losses like - 0,1%, 0,2%, 0,5%.

The idea is:
- You cut the loss quickly and do not let it shrink, triple, etc.
- To sit out a loss and miss opportunities to acquire something that does not fall, for example.

And than you catch really good position like buying BTC, at this year maybe at points of 5500$ and 12300$, you almly remain in growing profits all the time while the growing trend is on your side.

That`s why top traders can loose money for months doing quick losses cut, to catch the trend, that give you money for next years.


Title: Re: What I think every trader should do to stay in the green
Post by: kolbalish on January 02, 2021, 06:15:20 PM
Stay in green is not so easy as say. In the crypto world, there are uncertainty spreads everywhere. So if you want to keep safe yourself, you must learn, practice, analysis about the market. You have to able to measurement risk, portfolio, and market stability. If you want to avoid red you should increase the capability to understand market strategy and requirements.


Title: Re: What I think every trader should do to stay in the green
Post by: South Park on January 02, 2021, 07:39:48 PM
Quote
"You need a strategy"

Often one given "strategy" works very well at ...lets say.... 15 time-frame, but if you run that same very "strategy" at 5M .. nah .. after historical backrest .. ask yourself the following question: why not?   ???
A good strategy should work under any market conditions, there is no reason why a strategy that works in a 15 minutes time frame should not work if you used a weekly time frame, but if for some reason you find out that it does not when you backtest your strategy then that means there is something wrong with your strategy and you need to adjust it so it does, this is also true for the assets that you trade, if your strategy works in bitcoin but it does not work on stocks then there is definitely something wrong with it.


Title: Re: What I think every trader should do to stay in the green
Post by: Kong Hey Pakboy on January 03, 2021, 11:57:08 AM
Staying on the green is not always effective because if you didn't make any good analysis and study the market, there are chances you might end up in the red lines. It is the reason why you should be making a good strategy, so you could deal with the market and able to control your emotions without staying in the green.


Title: Re: What I think every trader should do to stay in the green
Post by: fullhdpixel on January 03, 2021, 04:00:25 PM
All traders definitely have a desire to be in the green zone, but unfortunately reality says differently. Since crypto trading cannot always be in the green zone, sometimes traders have to feel in the red zone too. And there is nothing wrong with it, that is normal thing experienced by all traders. The most important thing is that the strategy we use is effective and can generate profits that can be said to be successful.
So every trader has to practice a lot in order to improve their trading skills, that way when in the green zone or red zone we can still make the right decisions.
Green and Red makes me feel like we are discussing gambling but not trading. Often gamblers are too worried about their green and red streaks as green indicates wins. There is no problem in closing some trades in loss as long as you know the decision you made was backed by facts and not emotions and there was some data that you rely on to make such decisions.

I was holding some UNI coins and after seeing no positive movement for sometime I sold them and now recently I checked their price and I was upset because it recovered decently but does that mean I made a mistake? NO! Because the decision I made was after my due diligence and now if it increases I have all the right to be upset but I won't call it a mistake so you have to make some room for losses in trading and avoid trading having a gamblers mindset.


Title: Re: What I think every trader should do to stay in the green
Post by: AakZaki on January 03, 2021, 07:00:40 PM
Even a professional trader will not always be in the green zone, he must have also been in the red zone. Predictions that have been made sometimes don't work and there are some predictions that are inaccurate. This all also relates to the trading strategy and analysis used. to be able to continue in the green zone must adhere to the strategy that has been made. there are times when the market is bullish and when the market is bearish.


Title: Re: What I think every trader should do to stay in the green
Post by: maldini on January 04, 2021, 03:56:24 PM
I make some long memories tokens that have some extraordinary execution every day. In any case, for reasons unknown a few brokers consistently ensure that they remain in tie toward the finish of their exchanges to stay away from such misfortune mark that couldn't be seen on their dynamic time. Numerous dealers lose on the grounds that they pursue cash, while they fail to remember that exchanging requires persistence and brokers who need snappy returns and get rich short-term need to reevaluate their exchanging.


Title: Re: What I think every trader should do to stay in the green
Post by: South Park on January 06, 2021, 05:22:39 PM
Even a professional trader will not always be in the green zone, he must have also been in the red zone. Predictions that have been made sometimes don't work and there are some predictions that are inaccurate. This all also relates to the trading strategy and analysis used. to be able to continue in the green zone must adhere to the strategy that has been made. there are times when the market is bullish and when the market is bearish.
As simple as that, it is obvious that any trader always wants to earn money and be in positive territory but there are simply many circumstances that could lead you to be on the negative when it comes to your trades and there is no reason to panic, as long as you are following a strategy that is profitable then over the long term you should be fine, however under those circumstances many newbies panic and they end up making mistakes that aggravate their problem many times making impossible for them to ever be on the green again.


Title: Re: What I think every trader should do to stay in the green
Post by: stomachgrowls on January 06, 2021, 05:51:05 PM
Even a professional trader will not always be in the green zone, he must have also been in the red zone. Predictions that have been made sometimes don't work and there are some predictions that are inaccurate. This all also relates to the trading strategy and analysis used. to be able to continue in the green zone must adhere to the strategy that has been made. there are times when the market is bullish and when the market is bearish.
There's no such thing about perfect trader and losses is an inevitable thing but those pro's could able to handle it out to be in greens or in profits in spite of commiting some losing trades.

Good capital handling and good decision making skills will really be the key on sustaining yourself into a market which is really very unpredictable.If you dont have these kind of qualities
then you would really be having a hard time on dealing with this one.Staying on green or making yourself profitability is one of the most common target.

Even a professional trader will not always be in the green zone, he must have also been in the red zone. Predictions that have been made sometimes don't work and there are some predictions that are inaccurate. This all also relates to the trading strategy and analysis used. to be able to continue in the green zone must adhere to the strategy that has been made. there are times when the market is bullish and when the market is bearish.
As simple as that, it is obvious that any trader always wants to earn money and be in positive territory but there are simply many circumstances that could lead you to be on the negative when it comes to your trades and there is no reason to panic, as long as you are following a strategy that is profitable then over the long term you should be fine, however under those circumstances many newbies panic and they end up making mistakes that aggravate their problem many times making impossible for them to ever be on the green again.
Your panic will really be just wiped out when you had already gained enough experience, if you dont then you would really be experiencing lots of situations where your
emotions will be mainly affected which would result into bad decisions.

Trading is a long process and shouldnt really be hurried out and if you are really that too impatient then expect you will really be comitting mistakes.


Title: Re: What I think every trader should do to stay in the green
Post by: wiss19 on January 09, 2021, 03:51:58 PM
I haven't checked your website but it seems more like a promotion and advertisement which I often see on websites like "I was jobless until I found this website and I am billionaire now".

Anyways since we are discussing some good points, I want to tell you that strategy and such terms are easy to use but impossible to understand because if there existed any such strategy which we could implement and earn money from trading without risk, then all the exchanges would have been either closed or we all would be rich by now.

There exists no strategy from what I have learned and all you need to do is find which asset is valuable in the current time and invest in that. For bitcoin price trading you have to be sharp and make use of the small swings.


Title: Re: What I think every trader should do to stay in the green
Post by: sniveel on February 28, 2021, 03:31:00 PM
We can't deny the fact that we cannot avoid red market sometimes because of some people who randomly sell their assets once they get some few profits or they thinking that their holdings will go to nothing once they keep on hodling. If the red market comes, it is good to stay away from it and go back again once it back to green.


Title: Re: What I think every trader should do to stay in the green
Post by: Julien_Olynpic on February 28, 2021, 05:18:17 PM
Every trader needs a plan and a reliable strategy. But the paradox is that there is no perfect strategy. And each trader is forced to slightly change his plan and strategy over time. Every trader has to adjust to the market. The market does not owe a trader anything. Therefore, the one who does not improve his strategy dies.


Title: Re: What I think every trader should do to stay in the green
Post by: konflikkastil on February 28, 2021, 06:50:26 PM
I always tell people one thing, to everything there is always a know how. Starting of to trade without knowing the how of doing it is like going to the market to buy a package that you don't have idea of what is inside. That means what you see when you get home is what you buy. You can imagine how frustrated that will be. Do not ever start trading without having a plan, learn how things are been done. Else, you will just be a victim. And you will lost all the money you used to invest. When I started trading close to three years now and its still counting. I took off my time to learn what I needed to know, because I started with a borrowed money and I do not want to take anything for chance. That was how I had leverage over some people.


Title: Re: What I think every trader should do to stay in the green
Post by: Lanatsa on February 28, 2021, 09:57:20 PM
We can't deny the fact that we cannot avoid red market sometimes because of some people who randomly sell their assets once they get some few profits or they thinking that their holdings will go to nothing once they keep on hodling. If the red market comes, it is good to stay away from it and go back again once it back to green.
Easy to say but would really be hard to be done by someone because this market had always become volatile and its never an easy thing for you neither pull and get in as you like.

For people who are just simply holding for long term then these movements wont really be an issue or problem at all.We are here for the same purpose which is in to make profits

or should be on greens.Greed level is different on every person this is why decisions that would be made up will be depending on each on every one.


Title: Re: What I think every trader should do to stay in the green
Post by: dimonstration on February 28, 2021, 10:02:34 PM
Every trader needs a plan and a reliable strategy. But the paradox is that there is no perfect strategy. And each trader is forced to slightly change his plan and strategy over time. Every trader has to adjust to the market. The market does not owe a trader anything. Therefore, the one who does not improve his strategy dies.
Experience will teach us what strategies works best on us. Every trader have their own preference in making ways to earn and it's a continuous progress to keep in line on what to buy and what to sell. As long the trader is discipline enough to learn and to try, there should be no worries if we don't stay in green as long as we know that soon we know we can recover.


Title: Re: What I think every trader should do to stay in the green
Post by: Wawa2013 on February 28, 2021, 10:31:41 PM
In fact, it is very difficult for us to always stay in the green, because the volatile crypto market definitely forces us to feel the effects of the red market.
And to be successful in trading, it's actually quite simple. Always make sure we carry out the strategy according to our plans, because if we are affected
by market conditions. Then we will find it difficult to make a profit, so if we have reached the sell target, immediately sell the coins that we have.
Don't delay it because the market continues to be bullish, because we will never know where the price peaks when bulls occur. Furthermore, always
learn from the mistakes we have made, correct these mistakes and do not repeat the same mistakes. That way we can become successful traders,
good luck to all of you.


Title: Re: What I think every trader should do to stay in the green
Post by: Fatunad on February 28, 2021, 10:45:21 PM
Every trader needs a plan and a reliable strategy. But the paradox is that there is no perfect strategy. And each trader is forced to slightly change his plan and strategy over time. Every trader has to adjust to the market. The market does not owe a trader anything. Therefore, the one who does not improve his strategy dies.
Experience will teach us what strategies works best on us. Every trader have their own preference in making ways to earn and it's a continuous progress to keep in line on what to buy and what to sell. As long the trader is discipline enough to learn and to try, there should be no worries if we don't stay in green as long as we know that soon we know we can recover.
Continue to learn and its a must thing where people should really be thinking off because this will really be molding us up into a better trader as we do engage into the market.
Losses cant really be avoided but what matter most is that you do able to make profits in your trades. it might not be on perfect but still you should able to handle it out.
We do share the same common goal on why we are here and be serious and be patient on dealing with this because this isnt only talking about making money
but also on losing money as well if you dont know on what you are doing or really that serious.


Title: Re: What I think every trader should do to stay in the green
Post by: Ziskinberg on February 28, 2021, 11:13:19 PM
In fact, it is very difficult for us to always stay in the green, because the volatile crypto market definitely forces us to feel the effects of the red market.
And to be successful in trading, it's actually quite simple. Always make sure we carry out the strategy according to our plans, because if we are affected
by market conditions. Then we will find it difficult to make a profit, so if we have reached the sell target, immediately sell the coins that we have.
Don't delay it because the market continues to be bullish, because we will never know where the price peaks when bulls occur. Furthermore, always
learn from the mistakes we have made, correct these mistakes and do not repeat the same mistakes. That way we can become successful traders,
good luck to all of you.
Indeed right, a single mistake could be devastating but there is a way to avoid it if we are focus on our trade. I know it is really hard to do that coz of the market volatility but it is not impossible if we are willing to wait. Patience is very important in trading in order to avoid losses but sometimes we need to sacrifice just to reach our goal.

That is why in choosing coins for trading we have to choose those who have a huge trading volume and it sure the price will keep moving up and down which is the best for trading.


Title: Re: What I think every trader should do to stay in the green
Post by: santiPOGI on March 01, 2021, 01:10:46 AM
Stay in the green?? I think for me it doesn't matter if it is green or not. For what matters to me is you know how to trade well properly,
because this is what I did so far and in fairness it was really effective and gave me a nice shot on my pocket. So, everyone can copy the same thing what I did in doing trade activity, good day. :)


Title: Re: What I think every trader should do to stay in the green
Post by: darewaller on March 01, 2021, 03:13:28 PM
We can't deny the fact that we cannot avoid red market sometimes because of some people who randomly sell their assets once they get some few profits or they thinking that their holdings will go to nothing once they keep on hodling. If the red market comes, it is good to stay away from it and go back again once it back to green.
Either that or learn how to use the red market, I call it bearish market, to your advantage. Remember a bull run is good because it allows us to sell the coins at the best possible prices but a bear run is equally important as well, to buy the coins at the best prices to later sell them in the bull run. Its like the seesaw game where to get up you first have to go down and without going down, you can't actually go higher.

Every trader needs a plan and a reliable strategy. But the paradox is that there is no perfect strategy. And each trader is forced to slightly change his plan and strategy over time. Every trader has to adjust to the market.
Well said, also one needs to adapt to the market. Earlier the bitcoin market was highly volatile but with time the volatility has reduced significantly maybe because the market is getting more saturated and deeper. A trader who is used to making profits from big swings won't be able to profit in the current market situation where swings are rather fluctuations.


Title: Re: What I think every trader should do to stay in the green
Post by: isaac_clarke22 on March 01, 2021, 07:52:08 PM
~
Well every poster of these have their own timeline.
One would dream of the greens and one would dream to be in the red tide. I guess the OP just said the both sides of the coin.
Green and the red tide isn't for everyone.
Imagine how many were looking to buy many BTC back when it was around 57k.


Title: Re: What I think every trader should do to stay in the green
Post by: Sinjokubhi on March 02, 2021, 02:29:26 PM
Traders should stay focused on their asset by monitoring the fluctuations, because this helps them become updated with every changes. Having gains to stay in green signals is very difficult to maintain while market sometimes saturate due to resistance. Long term holds will be effective for a meanwhile so trying this as an alternative strategy might be efficient as well.


I agree with him, focus on assets by monitoring fluctuations. With this we can make it easier for us to trade. Because paying attention or monitoring price movements on our assets really needs to be done, even every day. From these fluctuations we predict whether the prices of our assets will rise or fall in the future. Because considering that the market price is not always going to be green continuously, it is necessary to have analysis and predictions to avoid a decline in prices (red). From that, we can know the rising and falling prices to what extent and setting up a stop loss to avoid many losses.

Even though the analysis and predictions are not completely according to the chart, at least with it we can avoid the risk of loss. Preparation really needs to be done, don't start trading without the preparation that you really believe. I think mentally and technically need to be prepared before starting, because in trading you will fight yourself, namely ego, emotions, indiscipline, impatience and ignorance. We have to be mentally prepared, keep you in the "mood" and in a prime (good) condition when trading. I suggest that if you don't have the "mood" for trading, don't force it, it's better to take a short holiday. To get a good mood when you are about to start trading, you can use a little relaxation technique. For example drinking coffee, tea or your favorite drink. Or you can also put on your favorite music. Perhaps you can also meditate.

Then you also need to have prepared a trading plan before the market opens. It is advisable to do an analysis before the market opens, so that it is more objective and then it remains only to carry out the trading plan. Then we also need to monitor the market before the market opens to ensure market conditions are still in accordance with the previous analysis. By monitoring the market, we can get a "feel" of the market that day. Here we can determine whether it remains in accordance with the previous trading plan scenario or needs to change strategies, for example, wait and see first and so on.


Title: Re: What I think every trader should do to stay in the green
Post by: Golftech on March 02, 2021, 02:56:58 PM
Every trader needs a plan and a reliable strategy. But the paradox is that there is no perfect strategy. And each trader is forced to slightly change his plan and strategy over time. Every trader has to adjust to the market. The market does not owe a trader anything. Therefore, the one who does not improve his strategy dies.

The one who can't adopt lose mostly, those who knows how to adjust and willing to take the

risk do have a much higher chances of continuing with a much better outcome.

Set you target and keep doing your part in enhancing your knowledge, very important

since the market is really wild, you can lose in a short period of time.


Quote

Imagine how many were looking to buy many BTC back when it was around 57k.



And now, they are not in green long wait or cut losses.


Title: Re: What I think every trader should do to stay in the green
Post by: TheGreatPython on March 11, 2021, 06:53:50 AM
Stay in the green?? I think for me it doesn't matter if it is green or not.
It should matter though because as much as learning and following the right process is important, you must also remain in green/profit in the long run otherwise all the learning you are doing is nothing but intellectual entertainment.

For what matters to me is you know how to trade well properly, because this is what I did so far and in fairness it was really effective and gave me a nice shot on my pocket. So, everyone can copy the same thing what I did in doing trade activity
To copy what you are doing, we must know first what you are doing and how profitable it is for you. If you don't mind and get an extra minute or two please consider sharing your strategy you are using.

Trading properly is a very generic term and cannot really define anything, even gamblers think they are doing the right thing and properly while they are not so everyone in their own mind are doing things right. You ask the worst traders and they will say "we are doing the best from our side and in our understanding".


Title: Re: What I think every trader should do to stay in the green
Post by: Restmand on March 11, 2021, 09:27:09 AM
The problem with trading
When I started day trading crypto 3 years ago, I didn't have a plan with my trading. I just thought "if my win rate is high, I will make money gogogo".
I think everyone is missing a very important step if you just do some TA and start trading.

"You need a strategy"
Everyone told me from day 1 "You need a strategy" - but I simply didn't know how to make one. After losing 90% of my account balance, I took a break from trading for 6 months. Then I came back with a new mindset and reviewed some of my past trades.

I had no plan
When I look back at it, it was actually crazy how much I cowboyed my trading. Sometimes, I made +1%, sometimes -3%, sometimes +5%, sometimes +10%, sometimes -7%. There was no structure and I had no idea what results I could expect.

Since I had no forecast of my results, it was difficult to follow my rules. I simply lacked motivation to follow my rules. I think this is very common.

What worked for me
What made me go from a bad trader to a consistent profitable trader, was ACTUALLY using a strategy. Not only trading based on a vague strategy.

NOW - How the heck should I form a reliable strategy that works?
I opened up a Google Sheet and started writing formulas to estimate my earnings and losses from trading, based on different win rate, starting balance, leverage etc. It helped me a lot but it was so tedious to change the strategy in Google Sheets

I had enough. So I started to Google if there was a better way to do this. I found nothing. The only thing I found was a Forex Profit Calculator, but I wanted one for crypto.

Winrate.io was my game changer
So I made my own one. I created a website called winrate.io (http://winrate.io) where you can test your current strategy or create a new strategy if your current one doesn't work.

This was a game changer for my own trading - Since I realized that my current strategy was not efficient at all and I was trading on an exchange with crazy fees. I sat down for 1-2 hours and tried different setups, and found out that I just had to make a few tweaks to make my current strategy work a lot better.

This is free and it will not ask for anything from you - not even your email. This is simply my Google Sheet in a more user friendly version that I personally use to improve my trading. My friends also use it regularly. So I wanted to share it with you as well. Hope thats OK!

https://i.imgur.com/x9uiVMi.png

I really think this step is very important but something that a lot of traders does not do - because it is difficult to do in Google Sheets or Excel.

Please let me know if you think this is helpful and if you have any questions.

All the best,
Joel
Thank you for the good idea and the strategy you shared. I have traded 7 years already and having on and off in trading but lately, I have been making time to focus on the moves of the coins I have hold in the market, I have studied and never stop learning on how to win on trading.  A lots of time spend that I have lost my capital and almost cry for I have nothing in return. I am thankful I have groups that made me learn some ways on how to get win on trading.


Title: Re: What I think every trader should do to stay in the green
Post by: matchi2011 on March 11, 2021, 03:51:41 PM
At the green market, day trading is okay. But if we want to hold for a long time, then we should wait for dropping the price. Buy with low prices and sell with high prices is still a great strategy.
to be honest, we all don't know the right time to buy coins even though the conditions where the exchange is red, so when you buy coins it can still potentially collapse, so in my opinion when you buy a coin then you should be able to hold it until the price is green and sell it more expensive when you buy.

That's how trading works if you want to keep your investment in the positive side, buying low and wait till the value bounce
back and provide decent profits.

If you have that capabilities being patient then the chance of keeping yourself profitable is high, most of the time when collapse
happened more investors ride with it and lose their money.


Title: Re: What I think every trader should do to stay in the green
Post by: ScamViruS on March 11, 2021, 04:29:40 PM
At the green market, day trading is okay. But if we want to hold for a long time, then we should wait for dropping the price. Buy with low prices and sell with high prices is still a great strategy.

Green market does not mean that if you buy any coin, you will close with each of your trade profits. There is always a risk in the market if you do not follow your money management in the right way. Because if you buy a coin after seeing the market green and then dump that coin, you will have no choice but to wait for it to bounce. Or there will be no way out except to sell those coins at a loss. So any coin should be bought keeping an eye on the movement of the market. Experienced traders see the movement of the market before buying any coin, they do not open any trade just by looking at the green market.


Title: Re: What I think every trader should do to stay in the green
Post by: milewilda on March 11, 2021, 09:55:40 PM
At the green market, day trading is okay. But if we want to hold for a long time, then we should wait for dropping the price. Buy with low prices and sell with high prices is still a great strategy.
to be honest, we all don't know the right time to buy coins even though the conditions where the exchange is red, so when you buy coins it can still potentially collapse, so in my opinion when you buy a coin then you should be able to hold it until the price is green and sell it more expensive when you buy.

That's how trading works if you want to keep your investment in the positive side, buying low and wait till the value bounce
back and provide decent profits.

If you have that capabilities being patient then the chance of keeping yourself profitable is high, most of the time when collapse
happened more investors ride with it and lose their money.
Not at all because profitability doesnt always talk about being patient and becomes positive because everything will matter on your own  analysis with some accompanying factors that do really contribute in ones success.
Although patience is really a must but there are pro's and con's of each thing when you done it exaggerately.There would be always a time where perfect sell and perfect buy do really happen.
It might not be on  the precise point but at least you are just near on that one.Only one thing  that we do have in mind on why we are on this market is on where we should really be making out
money or simply staying up on greens but this isnt something simple thing that you can attain without proper experience and skills.


Title: Re: What I think every trader should do to stay in the green
Post by: jossiel on March 11, 2021, 10:21:38 PM
At the green market, day trading is okay. But if we want to hold for a long time, then we should wait for dropping the price. Buy with low prices and sell with high prices is still a great strategy.
to be honest, we all don't know the right time to buy coins even though the conditions where the exchange is red, so when you buy coins it can still potentially collapse, so in my opinion when you buy a coin then you should be able to hold it until the price is green and sell it more expensive when you buy.
You can think of it if it's the right time to buy coins. You may not know base on your perspective but you can have hints and clues if it's exactly the good time to buy it by looking at its chart. And that's the golden and typical rule when we buy, you don't sell when you're just going to lose it.

You'll see a good price to sell it for you to profit. We all do that unless you find it not fitting anymore and you have to cut loss which is also an essential move to avoid too much loss from that coin you've mistakenly bought.


Title: Re: What I think every trader should do to stay in the green
Post by: tvplus006 on March 14, 2021, 09:52:20 PM
to be honest, we all don't know the right time to buy coins even though the conditions where the exchange is red, so when you buy coins it can still potentially collapse, so in my opinion when you buy a coin then you should be able to hold it until the price is green and sell it more expensive when you buy.

The higher the price of a coin, the more difficult it is to make a decision to buy it, because despite the fact that we see a bull market, a high price may indicate that it may change to a bear market. But in the event that the price of a coin begins to decline, it is better to sell it than to hold it for several years until the price recovers.


Title: Re: What I think every trader should do to stay in the green
Post by: Ziskinberg on March 14, 2021, 10:35:01 PM
to be honest, we all don't know the right time to buy coins even though the conditions where the exchange is red, so when you buy coins it can still potentially collapse, so in my opinion when you buy a coin then you should be able to hold it until the price is green and sell it more expensive when you buy.

The higher the price of a coin, the more difficult it is to make a decision to buy it, because despite the fact that we see a bull market, a high price may indicate that it may change to a bear market. But in the event that the price of a coin begins to decline, it is better to sell it than to hold it for several years until the price recovers.
Yeah, is a tough decision, and that we mostly put in luck if the market will spike high, not a dump trend to come out after buying. That is why I'd never take the risk this time with Bitcoin but have to choose potential altcoins that aren't yet in hypes coz I was thinking that altcoin season will come next to Bitcoin. I saw this happening last 2017 and I have the faith to make it happen once again this time, but of course, it needs patient.


Title: Re: What I think every trader should do to stay in the green
Post by: tygeade on March 29, 2021, 08:36:49 PM
I get that marketing should be done somehow, after all if you build a website and nobody comes to your website there is no way you could profit, that means you have done that website for absolutely no reason, you could have done it for your own pc and use that, there was no need to put it on a domain and hosting, so you need others to come to your website in order to make a profit. However advertisement doesn't happen like this, it doesn't work like this, maybe it works for a short spike but you will be gone soon if you do not build a whole marketing that takes interest of people.

Yeah sure, 60% win rate with this strategy makes profit 55% makes you lose, oh what a great thing, lets click on the affiliate exchange that you linked and use this exchange and all make money wohoo! No. That is not how things work and you should do a proper marketing where you spend thousands of dollars every week on signatures, google ads, and more stuff so that people would actually care about it.